Black Hawk College Foundation

Analysis

Black Hawk College Foundation is a registered charity in United States, based in Moline, IL. It received its IRS tax-exemption ruling in August 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Black Hawk College Foundation reported income of $757k and spending of $279k, leaving 63% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.5m to $757k (-48%), an average of -20% a year. The sharpest change came in the year to June 2021, when income dropped by 54%. Over the whole period it spent 33% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Black Hawk College Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within IL. Charities of a similar size with the same main cause include Every Third Saturday Inc ($757k), Mountain Parks Foundation of Santa Cruz ($757k) and Symphony of the Mountains ($756k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $7.3m against liabilities of $86k, net assets of $7.2m.